About Civil.ge
Eng | Geo | Rus
Last updated: 10:55 - 1 May.'18
RSS
Mobile
Twitter
Facebook
Georgia’s Q1 Foreign Trade Down by 5%
Civil Georgia, Tbilisi / 25 Apr.'13 / 12:58


Georgia’s January-March foreign trade figures between 2007 and 2013 in million U.S. dollars. Source: Geostat.

Georgia’s foreign trade declined 5% year-to-year in the first quarter of 2013 to USD 2.14 billion due to reduction in imports, according to figures released by the state statistics office, Geostat, on April 24.

Georgia’s export amounted to USD 565 million in January-March, up by 5% y/y and import was USD 1.58 billion, an 8% decline over the same period of 2012.

Trade gap was slightly over USD 1 billion in the first quarter, a 14.7% y/y decrease.

Trade with Turkey, which is Georgia’s long-time largest trading partner, accounted USD 306.2 million in January-March 2013; while import from Turkey amounted to USD 269 million, export from Georgia to Turkey was only USD 37.1 million.

Turkey is followed by Azerbaijan with total trade turnover of USD 296.9 million; Ukraine – USD 157.3 million; China - USD 156 million; Russia – USD 121.3 million; Germany – USD 104.8 million; the United States - USD 102.6 million; Armenia – USD 84 million;  Romania – USD 70.9 million; Bulgaria – USD 66.2 million.

Re-export of cars amounted to 24.8% of the country's total exports in the first quarter of 2013 with USD 140.4 million, a 33.1% y/y increase.

Ferroalloys made 12% of Georgia’s exports in January-March with 67.7 million, followed by nitrogen fertilizers with USD 36.3 million (its share in total export was 6.4%); hazelnut – USD 18 million (3.2%); non-denatured ethyl alcohol and spirits – USD 17.6 million (3.1%); raw or semi-processed gold – USD 16.5 million (2.9%); copper ores – USD 14.9 million (2.7%);

Export of mineral waters made 2.8% of total exports, increasing 35.5% y/y in January-March 2013 to USD 15.6 million.

Georgian wine export increased 34% y/y in value to USD 13.7 million in the first quarter of this year making its share in country’s total export 2.4%.

Oil products top the list of imports totaling USD 174 million making its share in total imports 11% in January-March 2013; like most of the main imported commodities (exceptions are mobile phones, railway passenger cars and meat products), value of imported oil products also saw decrease over the same period of last year. 

Import of cars amounted USD 141.7 million; hydrocarbons - USD 102.5 million; medicines - USD 55.3 million; mobile and other wireless phones - USD 27.07 million (22.6% y/y increase); railway passenger cars – USD 27.01 million; wheat - USD 22.6 million; cigarettes – USD 19.3 million; meat products – USD 16.69 million; truck – USD 16.62 million.

Latest News
01 May.'18 10:55
We Have Moved to a New Platform
Direct Your Bookmarks to https://civil.ge.
29 Apr.'18 03:54
Ruling Party Candidate Wins MP By-Elections
Givi Chichinadze will represent Vani and Khoni single-mandate constituency in the Parliament of Georgia.
28 Apr.'18 09:40
Polls Open for Vani and Khoni MP By-Elections
48,123 voters are eligible to cast their ballots in Vani and Khoni single-mandate constituency.
27 Apr.'18 17:23
State Dept’s Europe Affairs Point Man to Visit Tbilisi
Wess Mitchell will meet senior government officials and address the NATO-Georgia Public Diplomacy Forum.
27 Apr.'18 13:45
In Quotes: Georgian Politicians on Ex-PM Bidzina Ivanishvili’s Comeback
Bidzina Ivanishvili will be approved as the Georgian Dream party chairman at the upcoming convention.
26 Apr.'18 18:15
SG Jens Stoltenberg: Georgia NATO’s ‘Very Close’ Partner
The NATO Secretary General says Foreign Ministers meeting tomorrow will recognize the country’s progress.
26 Apr.'18 14:24
Ex-PM Ivanishvili to Chair Georgian Dream Party
Prime Minister Giorgi Kvirikashvili said Ivanishvili was ‘best equipped’ to add new dynamism to the party.
26 Apr.'18 11:12
Lawmaker Proposes Criminal Liability for ‘Insult of Religious Feelings’
The parliamentary human rights committee decided to set up a working group for scrutinizing the draft law.
25 Apr.'18 17:21
New Abkhaz Government Head Appointed
Gennady Gagulia has served as the Abkhaz “prime minister” twice - in 1995-1997, and 2002-2003.
25 Apr.'18 14:43
Watchdog Improves Georgia’s Press Freedom Ranking
None of the countries of the former Soviet Union (except the Baltics) are ranked ahead of Georgia.

About Civil Georgia
Civil.Ge © 2001-2019, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
54